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COMMUNITY LAND MANAGEMENT ACT 2021 - SECT 140
Order by Tribunal revoking invalid part of management statement
140 Order by Tribunal revoking invalid part of management statement
(1) The Tribunal may, on application by a person entitled to vote at a meeting
of the association (including a mortgagor as well as a first mortgagee or
covenant chargee), by order, revoke so much of a management statement as the
Tribunal considers to be invalid.
(2) Without limiting subsection (1), the
Tribunal may revoke part of a management statement if the Tribunal is of the
opinion that it contains a by-law that is harsh, unconscionable or oppressive.
(3) An order under this section, when recorded under section 205, has effect
as if its terms were a provision of a management statement repealing the part
of the management statement declared invalid by the order (but subject to any
relevant order made by a superior court).
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